XRP shows strength against the US dollar as open interest surges. Is a move beyond $1 realistic?

The ongoing legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), a new development suggests that the SEC may be preparing to appeal the July 2023 ruling by Judge Analisa Torres regarding Ripple's programmatic sales of XRP. This insight was shared by FOX Business journalist Eleanor Terrett, who cited a former SEC lawyer as her source.

According to data provided by XRPL validator Vet, a whopping 99% of the entire supply of the RLUSD stablecoin has been generated in a single day.

XRP has broken above a bullish pattern, which might allow it to reclaim its 2021 high.

Ripple's native token, XRP, turns out to be the biggest gainer of the day as cryptos printed red indexes. XRP spiked by more than 6% on Sunday morning, recording a decoupling trick from the emerging selling pressure.

XRP and DOGE are among the few altcoins in the green today.

XRP surges as exchange outflows drop with the long short ratio remaining bearish in the short-term.

The cryptocurrency market has been buzzing with activity, led by Bitcoin (BTC) surpassing the $65,000 mark. Ethereum (ETH) is showing signs of an upcoming rally, while Ripple (XRP) finds itself stuck in a range, struggling to break out.

The next six months offer a golden chance for those wishing to profit in the altcoin market. Although XRP is making news, analysts think three other altcoins will yield notable returns and maybe mint fresh crypto millionaires.

The ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC) is heating up once again. The SEC is reportedly gearing up to challenge the summary judgment made by Judge Torres. Legal experts, including John Deaton, who represents 75,000 XRP holders, have been analyzing the potential implications of an appeal.

XRP outperforms broader markets as SEC vs. Ripple appeal chatter sparks investor interest.

XRP aficionados are ecstatic when market analyst EGRAG predicted an 888% increase in the cryptocurrency's value. This optimism isn't just wishful thinking; it's based on trends seen on XRP's one-month chart that mirror the cryptocurrency's rapid success in 2017.

A perplexing transaction on the XRP Ledger caught the attention of the cryptocurrency community, leading to widespread speculation and confusion. The transaction suggested that XRP might be worth an astonishing $1,000, which set off alarm bells and initiated debates among enthusiasts and investors alike.

The lawsuit between Ripple and the United States Securities and Exchange Commission (SEC) has in fact not ended, as new reports of the regulator possibly opposing the court's decision have surfaced. If the SEC decides to proceed with the appeal, Ripple could be drawn into an even longer and more tedious legal dispute, extending the uncertainty about its regulatory clarity.

XRP, one of the most closely watched cryptocurrencies, is currently making headlines as analysts speculate on its future price movements. Market analyst Dark Defender recently shared insights on pivotal price levels that could dictate XRP's trajectory in the coming weeks.

The XRP community has gone into a frenzy about a possible XRP price following a tweet by the digital currency platform Uphold that hinted at nothing but “XRP just hit $1,000. What are you tweeting?

The recent rally in the XRP price has gained notable attention, with the crypto crossing the $0.62 mark recently. This surge has sparked investors' optimism, especially after Ripple's native crypto has noted volatile trading over the past few weeks.

With increased bullish action in the cryptocurrency market, the Ripple price has successfully regained momentum after displaying a neutral price action over the past 2 weeks. Moreover, it has broken out of its crucial resistance trendline after multiple failed attention over the past 3 months.

Ripple is accelerating development of its RLUSD stablecoin, minting tokens and preparing for broader use on Ethereum and XRP.

Ripple has expanded its stablecoin operations by minting an additional 350,000 units of its RLUSD stablecoin within a span of 24 hours. This activity was carried out in two separate transactions, one consisting of 300,000 RLUSD and the other 50,000 RLUSD.

While Bitcoin has been gaining, XRP has not. And that should concern traders.

On September 28, 2024, Ripple's native token XRP broke one of the most awaited consolidation zones and is now poised for a significant upside rally. Since Sept 12, XRP has been consolidating between 0.56 and $0.59 levels. However, following this breakout, the overall sentiment has shifted from a downtrend to an uptrend.

Ripple's recent court victory may be short-lived as the SEC prepares an appeal that could reshape cryptocurrency regulation.

Sellers are trying to seize the initiative at the beginning of the weekend, according to CoinMarketCap.

Ripple has yet to begin a significant rally since last year, with the market mostly consolidating over the past few months. However, the recent price action is offering some clues and potential insights as to what the future may hold for XRP.

There's some exciting news for the XRP community as XRP seems to join the ongoing bull run in the market, after its previous slowdown. Currently, XRP has witnessed a 2.22% price increase, which has enabled it to re-enter the $0.60 region. At the time of writing, XRP reached an intra-day high of $0.

As XRP Ledger updates come in preparation for the launch of the Ripple stablecoin RLUSD, XRP Price surges past $0.60. What is next for XRP Price?

With crypto markets turning bullish, Ripple (XRP) price is approaching a key resistance area where it will face a make-or-break decision. The upcoming US SEC appeal decision on October 7 will be crucial in deciding the direction and help with XRP price prediction.

After trading sidewise for a long period, Ripple's XRP has surged to $0.62 and holding steady, supported by positive sentiment in the crypto market as Bitcoin price surge to $66,000 for the first time in five weeks. Prominent crypto trader Captain Faibik has predicted a potential 299.4% rally, with XRP possibly reaching $2.

After trading sidewise for a long period, Ripple's XRP has surged to $0.62 and holding steady, supported by positive sentiment in the crypto market as Bitcoin price surge to $66,000 for the first time in five weeks. Prominent crypto trader Captain Faibik has predicted a potential 299.4% rally, with XRP possibly reaching $2.

In a recent interview, Ripple president Monica Long discussed the conclusion of the SEC lawsuit against Ripple Labs, the upcoming launch of the RLUSD stablecoin, and the company's strategy for the XRP Ledger (XRPL).

In a groundbreaking move, Ripple minted 350,000 RLUSD stablecoins within 24 hours. The mint was done in two transactions of 300,000 RLUSD and 50,000 RLUSD as reported by Ripple stablecoin tracker, an XRPL community X account dedicated to tracking the minting and redemption of Ripple's RLUSD.

The sustained consolidation of XRP below $0.60 has drawn a fair share of criticisms, with select market players questioning the token's long-term sustainability. However, a crypto trading expert views this as insignificant, noting that XRP's long-term prospects remain intact.

While cryptocurrencies reflected increased optimism, with analysts forecasting historical surges in the coming month, new developments regarding the Ripple vs. SEC battle cast a shadow of uncertainty within the XRP community.

XRP Ledger (XRPL) is undergoing many advancements. In the latest update, the protocol has shipped two major amendments with unique fixes and is expecting the launch of Ripple stablecoin RLUSD.

The crypto markets are consolidating! The Bitcoin price that surged above $66,000 is currently trading around $65,500. This move has instigated strong bullish momentum as the XRP price, which failed to breach above $0.6, is about to validate a move above the range.

Onchain activity indicates Ripple is intensifying activities related to its RLUSD stablecoin development on Ethereum and XRP networks. Data from the Ethereum blockchain tracker revealed Ripple recently minted 300,000 RLUSD in line with the stablecoin's recent testing.

Ripple (XRP) is holding steady at nearly $0.6100, bolstered by positive sentiment in the crypto market and Bitcoin's surge to $66,000. Analysts predict a potential rally for XRP, with some targeting a long-term increase to $31.

With a bullish trend in the crypto market, Bitcoin enthusiasts are anticipating a new all-time high. Similarly, Ethereum and XRP holders anticipate a trend reversal rally to create new 52-week highs before 2024 ends. With the high hopes of a bull run, BTC, ETH, and XRP signal a massive jump this week.

XRP Price is currently trading at around $0.59. It has experienced minimal price movement in the past week, with less than a 1% gain over that period. Despite this sluggish performance, many market observers remain hopeful for an upcoming rally, particularly as the broader cryptocurrency market shows signs of life.

The recent developments regarding a potential appeal in the Ripple vs SEC case revealed that the agency looks to appeal Judge Torres' summary judgment on XRP. Pro-XRP lawyer John Deaton and other lawyers looked at the chances of the SEC winning the appeal on XRP programmatic sales.

The pseudonymous social media marketing lead of the SHIB team known to the community as Lucie has boasted another milestone reached by Shiba Inu. This time, it was featured by fund management giant Grayscale in its weekly report.

With only 8 days left for the SEC to appeal against court ruling regarding the Ripple case, community heart beat is rising. People are divided into two segments. One who thinks the SEC will not file the appeal while the other believes the SEC will apply it at the last moment to extend the time.

The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has generated significant attention in the cryptocurrency world. Recently, there has been speculation about whether the SEC will appeal a pivotal ruling from July 2023, which stated that secondary sales of Ripple's XRP token do not qualify as securities.

Crypto analyst Tony Edward has resisted the criticisms of XRP while suggesting that the crypto will soon enjoy a parabolic rally. The analyst also posted a video on his YouTube channel that provided insights into how high the coin could rise when its bull run begins.

The XRP Ledger (XRPL) recently implemented two significant upgrades, sparking excitement and speculation about their potential effects on Ripple's stablecoin, RLUSD, and the broader ecosystem. On Friday, the upgrades—“fixEmptyDID” and “fixPreviousTxnID”—were backed by 31 validators, surpassing the required threshold for implementation. Amendments fixPreviousTxnID and fixEmptyDID are now enabled on the xrpl mainnet.

It is widely speculated that the U.S. Securities and Exchange Commission (SEC) will appeal the 2023 ruling on Ripple's XRP sales. A former SEC attorney, cited by Fox Business reporter Eleanor Terrett, suggested that the agency is likely to challenge the July 2023 decision that deemed Ripple's programmatic sales of XRP as non-securities.